Owens Corning to Contribute $1.2 Million to Habitat for Humanity

Owens Corning and the Owens Corning Foundation will donate more than $1.2 million in gifts-in-kind and cash, as well as thousands of volunteer hours, to Habitat for Humanity during the 2018-2020 time period. This commitment will support house construction and revitalization projects nationwide. The Owens Corning Foundation has donated $225,000 for...

Owens Corning and the Owens Corning Foundation will donate more than $1.2 million in gifts-in-kind and cash, as well as thousands of volunteer hours, to Habitat for Humanity during the 2018-2020 time period. This commitment will support house construction and revitalization projects nationwide.

The Owens Corning Foundation has donated $225,000 for 2018 and pledged $225,000 per year for 2019 and 2020. Additionally, Owens Corning anticipates gift-in-kind donations exceeding $500,000 in those same years. These gifts include insulation and roofing products to support Habitat's affordable housing efforts.

“We’re so proud of our work with Habitat for Humanity over the years, which now includes building, insulating or roofing homes in partnership with more than 2,000 families around the world,” said Don Rettig, president of the Owens Corning Foundation. “Engaging our people and products in support of Habitat’s mission brings safe, affordable housing to people in our own communities, providing safety, stability and an opportunity to thrive.”

“We are honored and grateful for Owens Corning’s renewed commitment to Habitat,” said Sue Henderson, vice president, U.S. and Canada, Habitat for Humanity International. “Because of this continued support, more families will have a safe, decent place to call home.”

Owens Corning also will continue to work with local Habitat organizations to install roofs on the homes of eligible military veterans nationwide as part of its Roof Deployment Project. The company and its Platinum Preferred Contractors created the Roof Deployment Project in 2016 to identify, honor, and protect veterans by installing new roofs. Owens Corning will commit donations of roofing materials and $50,000 to this program in 2018. To date, the Roof Deployment Project has installed nearly 60 new roofs on U.S. veterans’ and military families’ homes.

Cash and gifts-in-kind from the Owens Corning Foundation and the company itself totaled more than $3 million from 2012 through 2017. The gift-in-kind products were used to insulate and/or repair the roofs of more than 2,000 homes. Owens Corning employees participated in almost 80 Habitat builds across the United States and Canada during this period.

Owens Corning has supported Habitat for Humanity since 1997, sponsoring events, such as Habitat's Jimmy & Rosalynn Carter Work Project, World Habitat Day activities and the Habitat on the Hill annual legislative and advocacy conference.

About Habitat for Humanity

Driven by the vision that everyone needs a decent place to live, Habitat for Humanity began in 1976 as a grassroots effort on a community farm in southern Georgia. The Christian housing organization has since grown to become a leading global nonprofit working in more than 1,300 communities throughout the U.S. and in more than 70 countries. Families and individuals in need of a hand up partner with Habitat for Humanity to build or improve a place they can call home. Habitat homeowners help build their own homes alongside volunteers and pay an affordable mortgage. Through financial support, volunteering, or adding a voice to support affordable housing, everyone can help families achieve the strength, stability, and self-reliance they need to build better lives for themselves. Through shelter, we empower. To learn more, visit habitat.org.

About Owens Corning
Owens Corning (NYSE: OC) develops, manufactures, and markets insulation, roofing, and fiberglass composites. Global in scope and human in scale, the company’s market-leading businesses use their deep expertise in materials, manufacturing, and building science to develop products and systems that save energy and improve comfort in commercial and residential buildings. Through its glass reinforcements business, the company makes thousands of products lighter, stronger, and more durable. Ultimately, Owens Corning people and products make the world a better place. Based in Toledo, Ohio, Owens Corning posted 2016 sales of $5.7 billion and employs 19,000 people in 37 countries. It has been a Fortune 500® company for 63 consecutive years. For more information, please visit www.owenscorning.com.

Source: owenscorning.mediaroom.com